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You are here: Home / VIETNAM’S BUSINESS NEWS HEADLINES JULY 1

VIETNAM’S BUSINESS NEWS HEADLINES JULY 1

Local farming production needs reforms for higher export value Foreign countries tightening import regulations would affect Viet Nam’s exports of farming products, especially fruits, forcing the local agricultural industry to reorganise production, according to experts. China is boosting food safety inspection, quarantine and traceability for imported goods, especially on fresh, chilled and processed agricultural products, meat and seafood for prevention of the COVID-19 pandemic, according to the Ministry of Agriculture and Rural Development. Meanwhile, South Korea’s Ministry of Food and Drug Safety has a list of requirements for enterprises exporting food. This is a temporary control solution for this year due to the impacts of the COVID-19 pandemic. If Vietnamese enterprises do not meet those requirements, they will struggle to export local farming and food products to those markets, especially fresh fruits, according to experts. Nguyen Manh Hung, chairman of the Board of Directors of Nafoods Joint Stock Company, a firm that exports processed fruits to 60 markets, said Viet Nam’s enterprises must have a strategy to overcome trade barriers. Hung said Viet Nam wanted to become an agricultural product supplier on the world market and to reach the target, the agricultural sector must build a value chain system to… Read full this story

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VIETNAM'S BUSINESS NEWS HEADLINES JULY 1 have 284 words, post on vietnamnet.vn at January 7, 2020. This is cached page on Vietnam Colors. If you want remove this page, please contact us.

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